After a slow but steady increase since October, the UK rate of inflation fell to 0.3% in April from 0.5% in March, deviating from the expectations that economists had pencilled in. What triggered this decline? And more importantly, what are some of the headwinds in the face of monetary policy?
It's been more than one year since the ECB’s Quantitative Easing programme started. Having pumped over €720 billion of central bank money into financial markets, in an attempt to boost Eurozone inflation, it is worth assessing whether QE is having its desired effect.
We are heading to the Lake District - would you like to join us?
Last year, Positive Money launched Quantitative Easing for People, a campaign in the eurozone.